FTSE reshuffle: British Land booted off premier index while Ocado dodges demotion

FTSE reshuffle: British Land booted off premier index while Ocado dodges demotion

City A.M.

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Online grocer Ocado has dodged relegation from London’s FTSE 100 while property firm British Land lost its coveted spot among the blue-chip stocks. Fashion retailer Asos also faced demotion from the FTSE 250 ranks, according to the annual review by data firm FTSE Russell. Ocado was expected to drop off the UK’s top index after [...]

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